Private equity's battle for assets is set to intensify further this year.

By

Amy Or

March 3, 2014 7:21 p.m. GMT

Successful fundraising last year has caused the investable capital in all private equity funds--from venture to private equity, infrastructure to mezzanine vehicles--to swell to more than $1 trillion, the highest ever for the industry, Bain & Co. said in its latest global private equity report.

Record-low interest rates and buoyant equities markets mean well-performing companies will often choose the public market for exits on the more generous price valuations offered, and ditch the option of going into private equity...